Dollar Weakness Spurs Short-Covering in Sugar Futures
Yahoo Finance·2025-09-29 16:26
October NY world sugar #11 (SBV25) today is up +0.16 (+1.01%), and December London ICE white sugar #5 (SWZ25) is up +2.20 (+0.48%). Sugar prices are moving higher today and posted 1.5-week highs as dollar weakness (DXY00) spurs short-covering in sugar futures. More News from Barchart Last Tuesday, NY sugar posted a 4.25-year nearest-futures low, and London sugar posted a 4-year low as they extended their 7-month downtrend due to prospects of abundant global sugar supplies. Last Tuesday, StoneX project ...